Patent · US Active

Method and apparatus for performing a financial transaction

US8996407B2 · kind B2 · utility

8Cited by

0References

21Claims

0Family size

Assignee

Intuit Inc. · US

Inventors

Benjamin R. Weiss · Portola Valley, US
Jim Del Favero · Redwood City, US
David Wolbert · Redondo Beach, US

Key dates

Filing date	Apr 27, 2007
Grant date	Mar 31, 2015
Priority date	—
Expiry date	Feb 24, 2031

Classification

Technology area (CPC G)Physics
CPC primaryG06Q40/02
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

A system that performs a financial transaction on behalf of a user is presented. During operation, the system receives parameters for the financial transaction. Next, the system analyzes the parameters to determine financial benefits of using one or more subsets of financial sources from a set of financial sources associated with the user to fulfill the financial transaction. The system then selects a subset of financial sources which substantially maximizes the financial benefits for the user. Next, the system uses the selected subset of financial sources to fulfill the financial transaction on behalf of the user.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.